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INFINITE GROUP INC - IMCI STOCK NEWS

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INFINITE GROUP INC (IMCI) is a channel-friendly company specializing in cybersecurity and virtualization. They are the creators of Nodeware, a vulnerability management solution recognized as a 2017 vendor on the vanguard by the channelpro network. Their specializations include virtualization, cybersecurity products, services, and IT consulting.

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IGI CyberLabs, a subsidiary of Infinite Group, Inc. (OTCQB:IMCI), announces a partnership with Cowbell Cyber, an AI-driven cyber insurance provider. This collaboration will allow Cowbell Rx policyholders to access Nodeware solutions at a discounted rate. With cyberattacks disproportionately targeting small businesses, this initiative aims to simplify the process of obtaining cyber insurance while enhancing clients' cybersecurity. The integration of Nodeware with SecurityStudio will provide continuous vulnerability management, improving risk profiles for businesses seeking insurance coverage.

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IGI CyberLabs has integrated its Nodeware vulnerability management solution with the SOCSoter platform to enhance cybersecurity for small and medium-sized businesses (SMBs). This partnership aims to provide continuous monitoring and real-time alerts, addressing vulnerabilities more swiftly. The integration allows SOCSoter to leverage Nodeware's API for real-time asset inventory and incident response. This solution is particularly beneficial as the SMB sector has been underserved in terms of security. Both companies will showcase their collaboration at the ASCII MSP Success Summit in Houston on February 16-17, 2022.

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Infinite Group, Inc. (IMCI) has announced its plan to acquire Pratum, Inc., an information security services firm with $4.3 million in annual sales. This acquisition will enhance IGI's portfolio by adding Security Operations Center (SOC) and Extended Detection & Response (XDR) services, aligning with its acquisition rollup strategy.

The deal is expected to close in the first half of 2022 and will significantly expand IGI's customer base, providing synergies and growth opportunities across its cybersecurity offerings.

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IGI Cybersecurity has launched its new service, PenLogic, to enhance cybersecurity measures by addressing the limitations of traditional penetration testing. This service offers annual, comprehensive penetration tests with ongoing monthly maintenance, aimed at adapting to clients' evolving cybersecurity risks. Executives emphasize that these changes are responsive to client needs and aim to reduce cyber risk while improving compliance. PenLogic complements IGI's existing services like CISO TaaS and aims to fortify organizations against an unpredictable threat landscape.

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IGI CyberLabs, a subsidiary of IGI (OTCQB:IMCI), has announced an integration between its Nodeware technology and SecurityStudio's risk management platform. This partnership aims to enhance cybersecurity for industries such as K-12 education, healthcare, and non-profits. By utilizing API and XML integration, organizations can gain better visibility into their cybersecurity risks. Both companies emphasize cost-effective solutions and continuous monitoring to protect against cyber threats. This collaboration is expected to empower underserved markets, making cybersecurity more accessible and manageable.

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IGI CyberLabs, a subsidiary of IMCI, announced an update to its Nodeware solution, enhancing its ability to detect Log4j vulnerabilities (CVE-2021-44228 and CVE-2021-45046). The automatic update requires users to enable credentialed scanning, significantly improving the identification of both vulnerable assets and the offending Java applications. The FTC recently warned that U.S. organizations failing to secure data against Log4Shell could face legal repercussions. Experts highlighted that this development is crucial for SMBs as they can now utilize an integrated dashboard for vulnerability management.

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IGI CyberLabs announced significant updates to its patented Nodeware vulnerability management solution, effective immediately. Key enhancements include asset grouping for prioritizing vulnerability fixes, improved tagging for network segmentation, and multi-select features for targeted reporting. The update aims to boost productivity and reduce cyber risk for users, particularly Managed Service Providers (MSPs). Additional API enhancements improve integration and multi-factor authentication capabilities. These improvements position Nodeware as a leading, user-friendly solution for managing vulnerabilities.

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IGI Cybersecurity has launched a new service, CISO Team-as-a-Service™, providing clients with access to a team of experienced security experts. This service aims to assist businesses with cybersecurity, leadership, risk management, and compliance requirements. Each team member brings over 20 years of experience in developing and executing security strategies. The shift from a single CISO to a team approach reflects the evolving needs of businesses in managing cybersecurity risks more effectively. This customizable program addresses individual client needs and includes services like risk assessments and incident response.

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IGI CyberLabs, a subsidiary of IGI (OTC:IMCI), has launched Nodeware Agents for Linux, enhancing network visibility and monitoring for Linux systems, particularly in remote and hybrid environments. Available from November 1, these agents simplify vulnerability management by allowing organizations to scan networks without impacting performance. This release targets a growing market among web hosting providers and application developers. The update follows earlier launches for Windows and macOS, reflecting IGI's commitment to continuous improvement and market responsiveness.

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Infinite Group, Inc. (OTCQB:IMCI) featured on the OTCQB Podcast on October 13, 2021, where President Andrew Hoyen discussed the company's evolution and rebranding to IGI Cybersecurity. The firm emphasizes a people-driven cybersecurity approach, focusing on services such as Virtual CISO and Incident Response. Hoyen stressed that understanding client needs is crucial for effective cybersecurity. IGI continues to innovate with its Nodeware solution, enhancing network visibility. This strategic pivot aims to bolster defenses against rising cyber threats.

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FAQ

What is the market cap of INFINITE GROUP (IMCI)?

The market cap of INFINITE GROUP (IMCI) is approximately 2.6K.

What does INFINITE GROUP INC specialize in?

INFINITE GROUP INC specializes in cybersecurity and virtualization.

What is Nodeware?

Nodeware is a vulnerability management solution created by INFINITE GROUP INC.

When was Nodeware recognized as a vendor on the vanguard by the channelpro network?

Nodeware was recognized in 2017.

What are some of the specializations of INFINITE GROUP INC?

Their specializations include virtualization, cybersecurity products and services, and IT consulting.

Where can I find more information about INFINITE GROUP INC?

You can visit their websites at www.igius.com and www.nodeware.com.

What is the strategic partnership announcement mentioned in the latest news?

INFINITE GROUP INC and vCIOToolbox have announced a partnership integrating Nodeware's vulnerability data into the vCIOToolbox platform.

What are the benefits of the partnership between INFINITE GROUP INC and vCIOToolbox?

The partnership provides valuable insights to managed service providers for compliance and business reviews, enhancing cybersecurity postures.

Where is INFINITE GROUP INC headquartered?

INFINITE GROUP INC is headquartered in Rochester, NY.

What is the focus of IGI CyberLabs, a subsidiary of INFINITE GROUP INC?

IGI CyberLabs is the OEM of the Nodeware vulnerability management solution.

How can I contact INFINITE GROUP INC for investment inquiries?

For investment inquiries, you can contact IR@igius.com.

INFINITE GROUP INC

OTC:IMCI

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IMCI Stock Data

2.61k
376.80k
27.7%
Information Technology Services
Technology
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United States of America
Pittsford